- Owens Corning (OC, Financial) reported Q1 2025 net sales of $2.5 billion, a 25% increase year-over-year, driven by their newly acquired Doors business.
- The company achieved a net earnings margin of 10% and an adjusted EBITDA margin of 22% from continuing operations.
- Despite operating and free cash outflows, Owens Corning returned $159 million to shareholders through dividends and share repurchases.
Owens Corning (OC) announced robust Q1 2025 financial results with net sales from continuing operations reaching $2.5 billion, marking a 25% increase compared to the previous year. The boost in revenue can be attributed to the contribution of $540 million from the newly acquired Doors business.
The company's net earnings margin from continuing operations stood at 10%, while the adjusted EBITDA margin reached 22%. This quarter marked Owens Corning's 19th consecutive quarter of achieving adjusted EBITDA margins of 20% or better, demonstrating consistent performance despite challenging market conditions.
Owens Corning's CEO, Brian Chambers, highlighted the company's strong market position and strategic enhancements, which continue to generate significant value for both customers and shareholders. These strategies will be further detailed at the upcoming 2025 Investor Day on May 14.
The company reported operating cash outflow of $49 million and free cash outflow of $252 million, partly due to continued capital investments aimed at reinforcing its market leadership. Nonetheless, Owens Corning returned $159 million to shareholders via dividends and share repurchases, maintaining a solid commitment to shareholder value.
Looking ahead, Owens Corning expects revenue growth in the high single-digit percentage range for Q2 2025, with adjusted EBITDA margins anticipated to remain in the low-to-mid 20 percent range. The company is also mitigating tariff impacts, expecting only a $10 million net effect primarily within its Doors business.
